Banks continue to reel under bad loans; five banks reported loss
Major Indian banks continue to have a nightmarish experience because of escalating bad loans in the quarter ended 31 March.…
14 MAY 2016
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Kotak Mahindra Bank registers rise in earnings
Kotak Mahindra Bank has posted a 32 per cent rise in its net profit for the quarter ended March 2016.…
12 MAY 2016
New Development Bank inks ‘preferred partner’ MoU with ICICI Bank
Country’s largest private sector lender ICICI Bank has inked a Memorandum of Understanding (MoU) to establish a strategic partnership with…
06 MAY 2016
SBI launches mobile app to enable card-less payments
In a move to enable customers to make payments without swiping their cards on the point-of-sale (PoS) devices, State Bank…
05 MAY 2016
IndusInd Bank to focus on rural India to increase profit
IndusInd Bank is making efforts to strengthen its presence in the rural parts and expecting to post 10 per cent…
05 MAY 2016
IDFC Bank installs Micro ATM at Simhasth Kumbh in Ujjain
In its bid to cater to the financial needs of lakhs of devotees turning up at the ongoing Simhasth Kumbh…
04 MAY 2016
Paytm partners with Wipro to develop CBS for its payments bank
India’s ace mobile commerce company—Paytm which is slated to get payments bank licence, on Monday, roped in IT services giant…
02 MAY 2016
Empowering weaker section of society
Narmada Jhabua Gramin Bank (NJGB), Chairman, K V Raghavendra, in an interview with The Banking and Finance Post magazine, talks…
30 APR 2016
VSoft’s payments app bags NPCI’s UPI Hackathon
Leading banking technology solutions and services provider VSoft Technologies has emerged as a winner in the recently concluded hackathon organised by…
29 APR 2016
Now pay electricity bills via M-Pesa in UP West
In order to enable people to pay their electricity bills through their smart phone, Vodafone’s digital wallet service M-Pesa has…
28 APR 2016
